New survey among financialprofessionals in Britain shows that more than half of those who have invested in cryptocurrencies, plan to buy more coins this year. Despite recent market volatility, only 8 percent of the interviewed intend to sell their cryptos. The majority of the investors expect crypto valuations to rise over the next 12 months.

Optimism, Despite Volatility

British financial services professionals and retail investors are mostly optimistic about the near future of cryptocurrencies and are looking to increase their exposure. 54 percent of them expect their prices to rise over a 12-month period. Only 32 percent anticipate a decrease, according to a new survey, released by Citigate Dewe Rogerson. Read more...

The celebration is in full swing as Bitcoin continues its upward momentum, reaching a new all-time high as it smashes through the $ 13,000 mark. This latest milestone comes less than a day after the digital currency hit $ 12,000 for the first time ever.

As of this writing, Bitcoin is currently trading at $ 13,128, a gain of over 13% in less than 24 hours. The current trading volume during this period is just over $ 9.7 billion and with a market cap of over $ 217 billion, Bitcoin is now worth more than 97% of S&P 500 companies, including Visa, Walmart, Coca Cola, Disney, and IBM.Read more...